[China Road and Bridge Signs Cambodia Jinba Expressway Project]Recently, CRBC and the Ministry of Public Works and Transport of Cambodia jointly signed the main contract and related appendices of the Phnom Penh-Bavet Expressway Project in Phnom Penh, marking the official implementation of the project. The Phnom Penh-Bavet Expressway is the second expressway in Cambodia after the Jingang Expressway. The project has a total length of about 135 kilometers and adopts the BOT model. The construction period is 4 years and the agreement operation period is 50 years. After the completion of the Jinba Expressway, it will effectively improve the traffic capacity from Phnom Penh, the capital of Cambodia, to the Cambodia-Vietnam border city of Bayu, promote trade between Cambodia and Vietnam, and play the role of an international channel. Edit/Ma Xue
The Qinghai Provincial Development and Reform Commission has released the first batch of bidding for independent new energy storage projects on the grid side in 2026, with a total scale of 2GW and an energy storage duration of no less than 4 hours, to be implemented in 5 sections. The project is planned to be connected to the grid by the end of September 2027, and can enjoy an annual compensation of 185 yuan per kilowatt capacity to assist in the construction of new power systems in the province. Editor/Min Jing
The Vietnamese parliament has passed a resolution to increase the scale and configuration standards of the cross-border railway construction in Laojie, Hanoi, and Haiphong, and significantly increase investment. The railway is expected to be completed by 2030, optimizing cross-border trade logistics between China and Vietnam, connecting the China Europe transportation corridor, improving the layout of the Pan Asian Railway, and helping Vietnam enhance its position as a regional transportation hub. Editor/Min Jing